US EditionOil Rises on Kazakh Supply Disruptions, Upbeat Economic Data; Greenland in Focus
Oil prices rose over 1.5% after Kazakhstan halted production, while strong Chinese GDP and refinery growth boosted demand expectations amid a weaker U.S. dollar.
8 Articles
8 Articles
The price of Brent's North Sea barrel to be delivered in March rose by 1.53%, to $64.92.
WTI Oil Price Near $60 as Kazakhstan Supply Disruption Lifts Crude
West Texas Intermediate (WTI) crude extends its rally for a fourth straight session, trading near $59.80 during Asian hours on Wednesday. Oil prices are being supported by a temporary production halt at two major oilfields in Kazakhstan. Kazakhstan, a key OPEC+ producer, suspended output at the Tengiz and Korolev oilfields on Sunday due to power […] The post WTI climbs toward $60.00 as Kazakhstan oil output disruption supports prices appeared fi…
Kazakh Supply Disruptions, Positive Economic Data Buoy Oil Prices
By Adedapo Adesanya Oil prices rose on Tuesday on the temporary suspension of output at Kazakhstan’s oil fields and expectations of firmer global economic growth that could drive fuel demand. Brent futures chalked up 98 cents or 1.53 per cent to trade at $64.92 a barrel and the US West Texas Intermediate (WTI) crude contract […]
WTI rises toward $60.00 as Kazakhstan oilfield output halted
West Texas Intermediate (WTI) Oil price extends its winning streak for the fourth consecutive day, trading around $59.80 per barrel during the Asian hours on Wednesday. Crude Oil prices gain on a temporary halt in output at two large fields in Kazakhstan.
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